The pricing policy that seeks to set prices relatively hi...
The pricing policy that seeks to set prices relatively high in order to attract the wealthy segment of the market is
target return pricing
market skimming
variable pricing
market penetration
Correct answer is B
Market Skimming Pricing. a pricing approach in which the producer sets a high introductory price to attract buyers with a strong desire for the product and the resources to buy it, and then gradually reduces the price to attract the next and subsequent layers of the market.
One of the advantages of commercialization is that it? ...
proper disposal of waste by business firms is one way of discharging their? ...
A floating policy is an example of? ...
The development of commerce in west Africa was not hampered by ...
The difference between the buying and selling price of shares is known as? ...
Which of the following is not a branch of production? ...
Which of the following is not true of a private limited company? ...